Siam Commercial Bank
Founded in 1907 by the Royal Charter of Thailand, Siam Commercial Bank (SCB) is the first bank in Thailand. SCB is the world's leading universal banking group and has the highest market capitalization in Thailand, it is the bank with the most branches and ATMs.
SCB has more than 15 million Thai users. Currently, the bank supports three different ways for users to pay: online banking, mobile banking app, and bank transfer via offline ATMs.
Properties
The properties of the SCB payment method are shown in the following table:
Payment type | Bank Direct Debit | ||
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Thailand | Auto Debit | ✔️ |
Funds deduction | Real-time | Refund | ❌ |
Processing currency | THB | Partial refund | ❌ |
Minimum payment amount | 1 THB | Chargeback | ❌ |
Maximum payment amount | 2M THB（ATM 0.5M） | ||
User experience
The following graphic shows the Siam Commercial Bank app authorization process:
Figure 1. Authorization process